European pork prices

Everything worth knowing before the next VEZG decision

πŸ‡©πŸ‡ͺ

VEZG

German Reference

€1.32

β–Ό βˆ’0.08

€/kg SG Β· effective 28 October

52-week range €1.32 – €1.70

Next decision

Wednesday 4 November

In 7 days

Balance of evidence

Neutral

€1.25€1.35€1.46€1.57€1.675 Aug19 Aug2 Sept16 Sept30 Sept14 Oct28 Oct

Quotation methodologies differ β€” carcass grading, delivery terms and units are not the same across markets β€” so these series are indicative and not directly comparable.

πŸ‡©πŸ‡ͺ

VEZG

German Reference

1.32

EUR Β· €/kg SG

β–Ό βˆ’0.08

πŸ‡³πŸ‡±

Vion

Vion Group

βˆ’0.16

1.16

EUR Β· €/kg

β€” 0.00

πŸ‡³πŸ‡±

DCA

Dutch Quote

+0.02

1.34

EUR Β· €/kg

β€” 0.00

πŸ‡©πŸ‡°

Danish Crown

Denmark

7.50

DKK Β· DKK/kg

β–² +0.60

Effective 12 OctΒ· 17d agoStale
πŸ‡ͺπŸ‡Έ

Mercolleida

Spanish Market

βˆ’0.11

1.21

EUR Β· €/kg live

β–Ό βˆ’0.03

πŸ‡¨πŸ‡³

China

Β₯/kg

12.14

CNY Β· Β₯/kg

β–Ό βˆ’0.08

πŸ‡ͺπŸ‡Ί

EU Class E Pigmeat

European Commission Class E pigmeat reference

1.54

EUR Β· €/kg carcass

β–Ό βˆ’0.01

Effective 28 SeptΒ· 31d agoStale
πŸ‡¦πŸ‡Ή

Austria Class E Pigmeat

European Commission Class E pigmeat reference

1.75

EUR Β· €/kg carcass

β€” 0.00

Effective 28 SeptΒ· 31d agoStale
πŸ‡§πŸ‡ͺ

Belgium Class E Pigmeat

European Commission Class E pigmeat reference

1.38

EUR Β· €/kg carcass

β–Ό βˆ’0.05

Effective 19 OctΒ· 10d agoStale
πŸ‡©πŸ‡ͺ

Germany Class E Pigmeat

European Commission Class E pigmeat reference

1.55

EUR Β· €/kg carcass

β€” 0.00

Effective 28 SeptΒ· 31d agoStale
πŸ‡©πŸ‡°

Denmark Class E Pigmeat

European Commission Class E pigmeat reference

1.14

EUR Β· €/kg carcass

β€” 0.00

Effective 28 SeptΒ· 31d agoStale
πŸ‡ͺπŸ‡Έ

Spain Class E Pigmeat

European Commission Class E pigmeat reference

1.67

EUR Β· €/kg carcass

β–Ό βˆ’0.04

Effective 28 SeptΒ· 31d agoStale
πŸ‡«πŸ‡·

France Class E Pigmeat

European Commission Class E pigmeat reference

1.97

EUR Β· €/kg carcass

β–Ό βˆ’0.09

Effective 28 SeptΒ· 31d agoStale
πŸ‡³πŸ‡±

Netherlands Class E Pigmeat

European Commission Class E pigmeat reference

1.04

EUR Β· €/kg carcass

β–Ό βˆ’0.05

Effective 19 OctΒ· 10d agoStale
πŸ‡΅πŸ‡±

Poland Class E Pigmeat

European Commission Class E pigmeat reference

1.47

EUR Β· €/kg carcass

β€” 0.00

Effective 28 SeptΒ· 31d agoStale

Our call

Fair value

€1.58

Forecast

€1.60

€/kg SG

Confidence

72%

VEZG remains €1.60/kg SG (carcass weight), effective 3–9 September, with the Preisspanne unchanged at €1.60–€1.70. Danish Crown is unchanged at DKK 6.90/kg for Week 37, Vion is unchanged at €1.36/kg for Week 36, while Mercolleida/Bellpuig Porc Normal increased €0.30 to €136.30/100 kg live for Week 37.

UNCHANGED / SLIGHTLY BEARISH UNDERCURRENT. Germany’s live market remains balanced, but slaughter weight rose 0.4 kg to 97.8 kg and supply is gradually increasing. Meat demand is steady rather than improving materially. Danish Crown also reports pressure on bone-in cuts and warns that Europe’s structural oversupply may be returning.

Track record1 of 3 within one cent

W35

1.60 / 1.60

βœ“

W38

1.60 / 1.45

βœ—

W38

1.60 / 1.45

βœ—

Week by week

SeriesW37W38W39W40W41W42W43W44 Β· nowΞ”
πŸ‡©πŸ‡ͺVEZG1.601.451.451.451.451.401.401.32βˆ’0.28
πŸ‡³πŸ‡±Vion1.361.361.211.211.211.211.161.16βˆ’0.20
πŸ‡³πŸ‡±DCA1.341.341.341.341.341.341.341.340.00
πŸ‡©πŸ‡°Danish Crown0.920.920.920.92Β·1.00Β·Β·+0.08
πŸ‡ͺπŸ‡ΈMercolleida1.361.341.311.291.291.271.241.21βˆ’0.15
πŸ‡¨πŸ‡³ChinaΒ·1.58Β·Β·Β·Β·Β·Β·0.00
πŸ‡ͺπŸ‡ΊEU Class E Pigmeat1.641.601.551.54Β·Β·Β·Β·βˆ’0.10
πŸ‡¦πŸ‡ΉAustria Class E Pigmeat1.861.851.751.75Β·Β·Β·Β·βˆ’0.11
πŸ‡§πŸ‡ͺBelgium Class E Pigmeat1.541.541.471.43Β·Β·1.38Β·βˆ’0.16
πŸ‡©πŸ‡ͺGermany Class E Pigmeat1.691.601.551.55Β·Β·Β·Β·βˆ’0.14
πŸ‡©πŸ‡°Denmark Class E Pigmeat1.161.141.141.14Β·Β·Β·Β·βˆ’0.02
πŸ‡ͺπŸ‡ΈSpain Class E Pigmeat1.701.731.711.67Β·Β·Β·Β·βˆ’0.03
πŸ‡«πŸ‡·France Class E Pigmeat2.032.062.061.97Β·Β·Β·Β·βˆ’0.06
πŸ‡³πŸ‡±Netherlands Class E Pigmeat1.231.131.091.09Β·Β·1.04Β·βˆ’0.19
πŸ‡΅πŸ‡±Poland Class E Pigmeat1.641.581.471.47Β·Β·Β·Β·βˆ’0.17

Your call

What will VEZG be next round?

Community consensus

No calls yet this round β€” be the first.

Quick converter

Polish zΕ‚oty Β· PLN/kg
6.83 zΕ‚
US dollar Β· USD/lb
$0.85
British pound Β· GBP/kg
Β£1.36
Live-weight equivalent Β· Γ—0.79
€1.26

Indicative rates for orientation, not for settlement.

This week's publications

All times Central European (Europe/Berlin)

Mon

β€”

Tue

β€”

Wed

πŸ‡©πŸ‡ͺVEZG12:00

πŸ‡³πŸ‡±Vion12:00

πŸ‡³πŸ‡±DCA12:00

Thu

πŸ‡ͺπŸ‡ΊEU Class E Pigmeat12:00

πŸ‡¦πŸ‡ΉAustria Class E Pigmeat12:00

πŸ‡§πŸ‡ͺBelgium Class E Pigmeat12:00

πŸ‡©πŸ‡ͺGermany Class E Pigmeat12:00

πŸ‡©πŸ‡°Denmark Class E Pigmeat12:00

πŸ‡ͺπŸ‡ΈSpain Class E Pigmeat12:00

πŸ‡«πŸ‡·France Class E Pigmeat12:00

πŸ‡³πŸ‡±Netherlands Class E Pigmeat12:00

πŸ‡΅πŸ‡±Poland Class E Pigmeat12:00

πŸ‡ͺπŸ‡ΈMercolleida14:00

Fri

πŸ‡©πŸ‡°Danish Crown12:00

πŸ‡¨πŸ‡³ China publish irregularly.

Questions

+What is VEZG?

The weekly reference price for slaughter pigs in Germany, set by the producer association every Wednesday. Most European pork supply contracts settle against it.

+When do prices update?

VEZG decides on Wednesdays; the other markets publish Thursday and Friday. Each card shows when its source last published.

+What does /kg SG mean?

Schlachtgewicht β€” price per kilogram of carcass weight. Live-weight quotes price the whole animal, so they read lower.

Prices meet the marketplace

Quotations tell you where the market is. MeatBorsa is where you trade on it.